Bypass MBA: 5 Alternative Management Avenues in 2024
by Tanu Bhatnagar
Forget the one-size-fits-all MBA! In 2024, 5 alternative paths offer focused expertise and high-paying careers. From financial wizards (Rs 35 LPA) to marketing maestros (Rs 65,000/month), forge your future with the skills that matter most.Let's explore these exciting avenues and unlock your hidden potential
1. Master of Financial Management (MFM)
Embark on a two-year journey exploring contemporary and historical facets of finance. From financial analysis to stock brokerage, MFM opens doors to roles like financial analysts and investment managers. Graduates enjoy potential salaries ranging from Rs 7 LPA to an impressive Rs 35 LPA.
2. Master in Management Studies (MMS)
Immerse in a transformative two-year journey tailored to impart management skills. MMS graduates pursue diverse roles like Investment Banker and Management Consultant, with average salaries ranging from Rs 3 LPA to Rs 10 LPA.
3. Master in Retail Management
Explore the intricacies of the retail sector in a two-year MBA program. Graduates find opportunities in diverse sectors, including logistics and advertising agencies, with salaries averaging between Rs 3 LPA to Rs 10 LPA.
4. Master in Marketing Management (MMM)
Thrive in a multicultural and highly competitive marketing environment with a two-year MMM course. Graduates explore roles such as Marketing Manager and Brand Manager, with salaries ranging from Rs 40,000 to Rs 65,000 per month.
5. Master in Risk Management
In a one-year program, equip yourself with the latest concepts and strategies in risk management. Anticipate an average salary of Rs. 11 LPA, opening up diverse career options in finance, insurance, and consulting.